Acquisitions into First Camp Group AB
As announced earlier this year, a sister company to First Camp Group AB (”the Company”) acquired Frigård camping in Denmark, Boden camping in Sweden and the Swedish campsite chain Svenska Campingpärlor AB. These assets will now be acquired into First Camp Group AB.
Total Q3 2021 LTM revenues for the assets are SEK 196 million, with an adjusted EBITDA of SEK 67 million, excluding overhead allocation. The acquisitions into First Camp Group AB will be made following the recently announced increase of the Company’s bond loan. The acquisitions are also financed by additional equity.
This information is information that First Camp Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 9.30am CET on October 29, 2021.
For further information, please contact:
Göran Meijer
CFO
goran.meijer@firstcamp.se
+46 (0)707 18 05 75
Johan Söör
CEO
johan.soor@firstcamp.se